Covance Inc. is a contract research organization headquartered in Princeton, New Jersey, providing nonclinical, preclinical, clinical and commercialization services to pharmaceutical and biotechnology industries. The company is owned by LabCorp and employs more than 50,000 people in over 60 countries.The staff at Covance come from unusually diverse demographic backgrounds. The company is 58.1% female and 40.9% ethnic minorities. Despite its diversity in other areas, Covance employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 73.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Covance has great employee retention with staff members usually staying with the company for 4.5 years.The average employee at Covance makes $64,568 per year. Pay at Covance is significantly lower than some of its highest paying competitors, like Gilead Sciences, Vertex Pharmaceuticals, and Parexel International, which pay $99,828, $95,952, and $91,480, respectively.Covance is an industry leader with 50,000 employees and an annual revenue of $2.6B that is headquartered in Princeton, NJ.
Covance's mission statement
Remains the same - to continue bringing you advanced drug, device, and diagnostic breakthroughs.
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Some of the people, mix of inside and outside work.
Cons of working at Covance
No loyalty for long term employees
Covance benefits
Insurance
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4.0
A zippia user wrote a review on Oct 2020
Pros of working at Covance
The relaxed atmosphere
Cons of working at Covance
Some people in management positions
Covance benefits
The paid time off is really nice to have so much of
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3.0
A zippia user wrote a review on Apr 2020
Pros of working at Covance
The people are nice and its nice to work with the animals. Decent pay
Cons of working at Covance
Some people are not so nice, there is no professional atmosphere, the work is mentally and physically exhausting, good behavior is seldom appreciated, poor behavior is seldom reprimanded. Long hours, no bonus's or pay increases.
Covance benefits
about a month of PTO
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The team at Covance
The founders of Covance are Bryan Lawlis and Michael Strauss.
The key people at Covance are Paul Kirchgraber, Bryan Lawlis and Michael Strauss.
Key people
Paul Kirchgraber
Bryan Lawlis
Michael Strauss
The inside scoop
Covance Inc. is a global contract research organization recognized for being the world's most comprehensive drug development company. It has a team of professionals that are dedicated to advancing healthcare and delivering fast and innovative medical solutions to patients and healthcare providers. The company also offers laboratory testing services to the chemical, agrochemical, and food industries. It is also a market leader in central laboratory, toxicology, and discovery services.
Covance rankings
Covance is ranked #23 on the Best Pharmaceutical companies to work for in New Jersey list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
Rate the fairness of Covance's compensation policies.
Covance diversity
9.9
Diversity score
We calculated Covance’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Covance’s workforce.
Covance diversity summary. Zippia estimates Covance's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Covance's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Covance's workforce.
Covance has 50,000 employees.
58% of Covance employees are women, while 42% are men.
The most common ethnicity at Covance is White (59%).
14% of Covance employees are Hispanic or Latino.
12% of Covance employees are Asian.
The average employee at Covance makes $64,568 per year.
Covance employees are most likely to be members of the democratic party.
Employees at Covance stay with the company for 4.5 years on average.
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Does Covance actively promote diversity and inclusion?
Covance office locations
Covance is headquartered in Princeton, NJ
Covance financial performance
8.6
Performance score
Highest paying Covance competitors
Compare Covance salaries to competitors, including Gilead Sciences, Vertex Pharmaceuticals, and Parexel International. Employees at Gilead Sciences earn the highest average yearly salary of $99,828. The salaries at Vertex Pharmaceuticals average $95,952 per year, and the salaries at Parexel International come in at $91,480 per year.
Rank
Company
Average salary
Jobs
1
$99,828
0
2
$95,952
0
3
$91,480
0
4
$90,328
0
5
$85,589
0
6
$85,008
0
7
$77,466
0
8
$77,178
0
9
$76,686
0
10
$76,541
0
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Zippia gives an in-depth look into the details of Covance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Covance. The employee data is based on information from people who have self-reported their past or current employments at Covance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Covance. The data presented on this page does not represent the view of Covance and its employees or that of Zippia.
Covance may also be known as or be related to COVANCE INC, Covance, Covance Inc and Covance Inc.